Archived News

05/03/2026 (The Star Online), Kuala Lumpur - The chief executive of Malaysian palm oil giant FGV Holdings, Fakhrunniam Othman, has resigned from the company, he told Reuters on Thursday, confirming media reports.

04/03/2026 (Milling Middle East & Africa), Burkin Faso - Burkina Faso’s edible oil industry has received a significant boost with the inauguration of a state-of-the-art US$4 million oil mill in Ouagadougou, aimed at enhancing local production and reducing import dependency.

04/03/2026 (New Straits Times), Jakarta - Malaysian palm oil futures fell on Wednesday after reaching a nearly four-week high in the previous session as easing Dalian and Chicago edible oils prices weighed down on the contract.

04/03/2026 (The Star Online) - Malaysia’s palm oil production is set for the steepest monthly decline in more than a year after floods across its major growing state, trimming inventories and likely underpinning higher prices.

04/03/2026 (Ukr Agro Consult) - According to David Ng, a trader at Iceberg X in Kuala Lumpur, palm oil prices have risen amid rising oil prices and escalating tensions in the Middle East. Uncertainty is growing as Iran has effectively closed the Strait of Hormuz, through which approximately 20% of global oil supplies pass daily. Ng forecasts palm oil prices to strengthen above 4,100 ringgit per tonne, with resistance at 4,280 ringgit.

05/03/2026 (The Manila Times) - THE Philippine government’s push to subsidize oil palm, particularly in Mindanao and Palawan, is bad news all around.

04/03/2026 (Oils and Fats International) - Ukraine has retained its position as the leading sunflower oil supplier to the European Union (EU), according to European Commission (EC) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).

04/03/2026 (Business Recorder), Jakarta - Malaysian palm oil futures climbed for a third straight session on Tuesday, settling at their highest in nearly four weeks, supported by gains in rival edible oils in Dalian and Chicago markets, firmer crude prices and declining stock estimates.

03/03/2026 (Malaysia Kini) - The European Union Deforestation Regulation (EUDR) will be fully implemented within two years, for large companies on Dec 30, 2026, and small and micro enterprises on June 30, 2027.

03/03/2026 (Indonesia Business Post) - Indonesian palm oil exporters started 2026 with significant momentum as overseas shipments surged in January, according to the latest data from Statistics Indonesia (BPS). However, this robust growth was insufficient to prevent a sharp contraction in the nation’s overall trade surplus.

03/03/2026 (The Malaysian Reserve) - THE Public Accounts Committee (PAC) has tabled its report on the Federal Land Consolidation and Rehabilitation Authority’s (Felcra) procurement of oil palm estates under the Rural and Regional Development Ministry (KKDW), citing serious irregularities and governance weaknesses.

03/03/2026 (Ukr Agro Consult) - The reference price for crude palm oil in Indonesia has been raised to $938.87 per tonne for March. It was $918.47 per tonne in February, Reuters reports.